Talmudic College of Florida Inc

Analysis

Talmudic College of Florida Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in January 1976, 50 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Talmudic College of Florida Inc reported income of $7.0m and spending of $7.1m, spending 100% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $4.8m to $7.0m (+48%), an average of +10% a year. The sharpest change came in the year to July 2020, when income rose by 90%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Talmudic College of Florida Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Montgomery County Womens Center ($7.0m), Parkside School ($7.0m) and Flint Institute of Science & History ($7.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 34% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $608k (8.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $23.7m against liabilities of $13.7m, net assets of $10.0m. It reported 61 employees.